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601 County Road 3721

Athens, TX 75752
  • $1,600,000
  • STATUS: Active
  • ON SITE: 187 Days
  • MLS #: 20124255
UPDATED: 15 min ago
$1,600,000
  • 2
    BEDS
  • 1.03
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1982
County:
Area:

School Information

High School:
School District:
Offered by Orr Hernandez of Centurion Real Estate - Texas: 817-320-1015.

Description

SELLER SAYS SELL!! Remodeled, rehabbed property. There are 4 two-story buildings with a total of 22 2 bedroom 1 bath units. In addition, a single family home was converted into a 2 bedroom 1 bath unit (Apt. #23), the leasing office and a washateria. A vacant lot behind the single family home is also included in the package. The property is all electric with central heat and air. Refrigerators and stoves are provided. Owner pays water and trash; tenants pay their own electric. Rents can easily be increased, and new owners can charge back for water through a RUBS program to generate additional income.Fully occupied with a waiting list. Excellent long-term potential due to the property's location in a growing area and on high traffic count Hwy. 19. BRING ALL OFFERS!! Please do not disturb tenants.Buyer to verify schools.

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© 2023 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Madewell Real Estate Company. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Madewell Real Estate Company are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-01-31T14:44:13.657.
www.madewellrec.com/homes/131303795
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601 County Road 3721 Athens, TX 75752

  • Price: $1,600,000
  • Status: Active
  • On Site: 187 Days
  • Updated: 15 min ago
  • MLS #: 20124255
2
Beds
1
Baths
0
½ Baths
1.03
Acres
1982
Built
Neighborhood:
None
County:
Henderson
Area:
Athens
High School:
Athens
School District:
Athens ISD
Property Description
SELLER SAYS SELL!! Remodeled, rehabbed property. There are 4 two-story buildings with a total of 22 2 bedroom 1 bath units. In addition, a single family home was converted into a 2 bedroom 1 bath unit (Apt. #23), the leasing office and a washateria. A vacant lot behind the single family home is also included in the package. The property is all electric with central heat and air. Refrigerators and stoves are provided. Owner pays water and trash; tenants pay their own electric. Rents can easily be increased, and new owners can charge back for water through a RUBS program to generate additional income.Fully occupied with a waiting list. Excellent long-term potential due to the property's location in a growing area and on high traffic count Hwy. 19. BRING ALL OFFERS!! Please do not disturb tenants.Buyer to verify schools.
Exterior Features

Construction BrickSiding Construction Materials Walls 50 Exterior Features Rain Gutters Foundation Slab Lot Description Corner LotFew TreesLrg. Backyard Grass Lot Size Source Assessor Parking Or Garage CommonOn SiteOpenUnassigned Pool On Property No Roof Composition

Interior Features

Appliances DishwasherElectric OvenElectric RangeRefrigerator Attached Garage No Basement No Cooling Ceiling Fan(S)Central AirElectric Flooring CarpetVinyl Garage No Handicap YN No Heating CentralElectric Interior Features Cable Tv AvailableMultiple Staircases Kitchen Equipment 817-320-1015

Property Features

Alarm Or Security Type Security LightsSmoke Detector(S) Barns1 Window Coverings Building Area Source Assessor Building Area Total 19696.00 Common Features Laundry Complex Name Athens North Loop Apts Construction Status Preowned Exclusions Personal Tools And Equipment. Gross Annual Expenses 42000.00 Gross Annual Income 156000.00 HOA None Horse Permitted No Insurance Expense 8300 List MLSProvider Metrotex Association Of Realtors Municipal Utility District No Net Operation Income 114000 Possession Closing/Funding Property Type Multi Family Special Notes Aerial Photo Tenancy Over 9 MonthsWritten Application Only Utilities All Weather RoadMaster Water MeterOutside City LimitsOverhead UtilitiesSeptic Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2023 North Texas Real Estate Information System.


© 2023 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Madewell Real Estate Company. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Madewell Real Estate Company are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-01-31T14:44:13.657.
 
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Madewell Real Estate Company
5124 82nd St
Lubbock TX, 79424
Offered by Orr Hernandez of Centurion Real Estate - Texas: 817-320-1015.